Waterfront Gem on Eagle Creek's East Shore. Discover this custom-built 4-bedroom, 3.5-bath home in a private 16-home community, offering stunning views of Eagle Creek Reservoir and unforgettable sunsets. Step inside to a spacious living room with soaring two-story windows that frame breathtaking water views. A bonus room with spacious seating area and bar, and adjacent office with built-ins-provides additional flexible space. A separate dining area is flanked by beautiful decorative columns. The gourmet kitchen features top of the line Dacor and Thermador appliances, an island, custom built-ins, and opens to both a cozy family room, with wood burning fireplace, overlooking the lake and a charming brick patio, perfect for evening gatherings. The main level offers a private en-suite bedroom with a full bath that also doubles as a guest bath. An additional half bath is present, conveniently located off the garage entry. The upper level features the owner's suite with a spa-like bath featuring a garden tub and multiple shower heads. A balcony with lake views, plus two walk-in closets complete this suite.Two more bedrooms, one currently used as an office and a full bath add to the space. Partially finished basement offers endless potential for your personal touches. This home has been updated and meticulously maintained. Additional features include: * Laundry area for everyday convenience * Three HVAC systems for efficient comfort * Gas not connected but available * Large, dry basement, partially carpeted, with endless finishing potential and tons of storage * Rare lawn backyard overlooking the lake, meditation platform, and lower deck area overlooking the water. * Two brick patios, and landscaped grounds. *Driveway pavers* Enjoy serene lakeside living in a professionally landscaped setting in an ideal cul-de sac street.
Sold
$1,285,000
5052 Watersite Cir, Indianapolis, IN 46254
4beds
4,506sqft
Residential, Single Family Residence
Built in 1981
0.67 Acres Lot
$1,300,000 Zestimate®
$285/sqft
$3,670 Estimated rent
Home value
$1,300,000
$1.21M - $1.40M
$3,670/mo
Zestimate® history
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$7,161/mo
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List your homeWhat's special
Private en-suite bedroomWood burning fireplaceLaundry areaLandscaped groundsSpacious seating areaWater viewsSpa-like bath
Zillow last checked:
Listing updated:
Listing Provided by:
Alexander Mirkin 317-946-1444,
Mirkin Real Estate Svc, LLC
Bought with:
GB Landrigan
GB Landrigan & Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22063570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 247 Square Feet
- Dimensions: 19x13
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 13x14
Bedroom 3
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 4
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15x19
Bonus room
- Features: Tile-Ceramic
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Bonus room
- Level: Basement
- Area: 528 Square Feet
- Dimensions: 24x22
Dining room
- Features: Tile-Ceramic
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 32 Square Feet
- Dimensions: 8x4
Living room
- Level: Main
- Area: 494 Square Feet
- Dimensions: 26x19
Office
- Features: Tile-Ceramic
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Double Oven, Refrigerator, Washer, Water Softener Owned
Features
- Double Vanity, Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, High Speed Internet, Walk-In Closet(s), Wet Bar
- Basement: Ceiling - 9+ feet,Partially Finished
- Number of fireplaces: 3
- Fireplace features: Family Room, Primary Bedroom, Wood Burning
Interior area
- Total structure area: 4,506
- Total interior livable area: 4,506 sqft
- Finished area below ground: 277
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front
Lot
- Size: 0.67 Acres
Details
- Parcel number: 490510115015000600
- Special conditions: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Traders Cove On The Lake
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $700 annually
- Services included: Association Home Owners
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $1,285,000-1.1%$285/sqft |
Source:  MIBOR as distributed by MLS GRID #22063570 Report a problem | ||
| 10/14/2025 | Pending sale | $1,299,000$288/sqft |
Source: MIBOR as distributed by MLS GRID #22063570 Report a problem | ||
| 9/27/2025 | Listed for sale | $1,299,000$288/sqft |
Source: MIBOR as distributed by MLS GRID #22063570 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,777 +13.3% | $741,300 -3.1% |
| 2024 | $7,746 +4.7% | $765,400 |
| 2023 | $7,401 +26.1% | $765,400 +4.6% |
| 2022 | $5,871 +4.4% | $731,500 +26.4% |
| 2021 | $5,622 +2.6% | $578,600 +4.5% |
| 2020 | $5,478 +7% | $553,800 +2.6% |
| 2019 | $5,121 +0.3% | $539,700 +7% |
| 2018 | $5,103 -0.7% | $504,200 +1% |
| 2017 | $5,141 +5.5% | $499,000 +1.9% |
| 2016 | $4,872 +1% | $489,900 +3.3% |
| 2014 | $4,822 -5.7% | $474,300 |
| 2013 | $5,111 | $474,300 +2% |
| 2012 | $5,111 | $465,200 -16.1% |
| 2011 | -- | $554,400 -20.7% |
| 2010 | $7,537 +10.3% | $699,400 +3.6% |
| 2009 | $6,834 | $675,400 -8.6% |
| 2007 | -- | $739,300 +2.4% |
| 2006 | -- | $721,800 +47.9% |
| 2005 | -- | $488,100 |
| 2004 | -- | $488,100 -35.7% |
| 2003 | -- | $759,600 +122.4% |
| 2002 | -- | $341,600 +200% |
| 2001 | -- | $113,870 |
| 2000 | -- | $113,870 |
Find assessor info on the county website
Neighborhood: Eagle Creek
Nearby schools
GreatSchools rating
- 5/10Deer Run Elementary SchoolGrades: K-5Distance: 1.7 mi
- 3/10Guion Creek Middle SchoolGrades: 6-8Distance: 3.4 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Middle: Pike Central Middle School
- High: Pike Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,300,000
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Estimated market value
$1,300,000
- Indiana
- Marion County
- Indianapolis
- 46254
- Eagle Creek
- 5052 Watersite Cir
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